No offense intended....I can't help but to correct your postings as there have been a few misleading terms mentioned that may confuse readers.
If you're referring
HDV to generic HD video based cameras, then state it properly and don't use 'HDV'. HDV is a MPEG2 based format adopted by Sony & Canon for their HD camcorders. Panasonic doesn't have a single camera that records in HDV format, and neither was HDV as a recording format capable of being recorded onto SDHC card during its days.
I believe you're referring to using a Panasonic's AVCHD High-Definition camera that records on SDHC card.
To edit HDV videos (usually an .m2t file), your processor speed isn't that critical by today's standard, but your disk need to be able to sustain a decently fast read/write throughput.
If your system can handle video at DV resolution via firewire connections, there is a high likelyhood that your system will be able to handle HDV videos.
Despite all the speed ratings, USB2.0 connection to your drives are not fast enough to handle HDV videos.
Again, if you're referring to
AVCHD as a recording format for your camera (usually a .MTS file), then yes, processor speed is critical because H.264 based compression is a very efficient format, and a lot of processing power is required to decode your video data to playback in realtime.
HDV format camcorders record at 25Mbps or about 3.6MB/s, during it's days, SDHC cards isn't able to attain that kind of read/write speeds yet, and so tapeless based HDV cameras run on Compact Flash cards of at least 133x and above.
AVCHD camcorders record at various bit rates and maximum is at 24Mbps. By today's computing standards, most computers & media storage are able to sustain the data rate of compressed HD video requirements (Both HDV or AVCHD), and most bottleneck and drop frames during playback are usually caused by your interface connections. ie. USB2.0
No matter how fast your SDHC card is going to be, using a card reader via USB2.0 connection will be the bottleneck despite it being specified to have a 480mbps data rate.
http://www.everythingusb.com/usb2/faq.htm
If you've copied out your video media into your internal harddrive for playback, given that your graphics card & processor speed is good enough, and your AVCHD player is efficient in decoding the video, there is a high likelyhood that your computer will not choke on the playback.
Hope this helps to clarify some doubts & confusion. :thumbsup: